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Dec 15, 2012
12/12
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correspondent from washington, dc. james? >> good morning, from the nation's capitol where for president obama as for all americans, it was a if the madness of the phenomenon, the mass shooting, descended, in connecticut, to the most horrifying level. the would fills -- the profile stayed the same, young man, in adolescent, severed from community and simple pleasures and articled. he is described as of advanced intelligence but remote. most of the victims in this case were very different. children ranging in age from 5 to 10, the most defenseless. the toll as we have reported, 28 dead including the mother and the school principal and 20 children, one school worker was wounded. president obama who has layed the difficult role of consoler in chief in the past struggled this time to contain his emotions and he spoke of the landmarks of life, first days, graduations, and victims of their families were robbed of this along with innocence taken of those who survived. we endured too many of the tragedies and when i learn the
correspondent from washington, dc. james? >> good morning, from the nation's capitol where for president obama as for all americans, it was a if the madness of the phenomenon, the mass shooting, descended, in connecticut, to the most horrifying level. the would fills -- the profile stayed the same, young man, in adolescent, severed from community and simple pleasures and articled. he is described as of advanced intelligence but remote. most of the victims in this case were very different....
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Dec 15, 2012
12/12
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we saw a range of reaction from officials in washington. the topple elected republican house speaker john boehner issued a call for unity. the horror of this day is unbearable but we will lock arms and unite as citizens that's how americans rise above unspeakable evil. >> the leading advocate for gun control carolyn mccarthy of new york whose husband was killed and bad will he injured in a mass shooting on the long island rail road she struck a more assertive tone i agree this is not the time to talk about gun control. it should have been talked about years ago when we started having these mass shootings. it should have been done when gabby giffords was shot. she described a conversation she had prior to election day with white house chief of staff jack lieu in which she vowed to revive the issue. i said jack i know the president is going through an election i am telling you after the election i am coming out full force. i was just giving the white house a heads off the gloves are off on my side. i was going to do everything i possibly coul
we saw a range of reaction from officials in washington. the topple elected republican house speaker john boehner issued a call for unity. the horror of this day is unbearable but we will lock arms and unite as citizens that's how americans rise above unspeakable evil. >> the leading advocate for gun control carolyn mccarthy of new york whose husband was killed and bad will he injured in a mass shooting on the long island rail road she struck a more assertive tone i agree this is not the...
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Dec 21, 2012
12/12
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good luck in washington. cheryl: all right, markets now obviously watching these markets they are down 166 on washington's fiscal cliff stalemate but charles payne, that is not charles payne. charles payne is going to be here. he says don't panic. dennis: a lot of worries today. a white christmas not making it easy for millions of travelers as airport delays pile up. we are live at chicago's o'hare. so glad i am not traveling this christmas. cheryl: as we do every day this time we look at the metal, gold, silver and copper moving hire. dennis: time to make money with charles payne. he is telling investors to follow the advice in the hitchhiker's guide to the galaxy, don't panic. charles: as rod stewart would say. we have a couple things we are thinking about. two things, remember the debt ceiling debacle but also remember t.a.r.p.. think about this. with t.a.r.p. we collapsed from 10,000 to 600 on the dow. we had a temporary pullback with respect to the debt ceiling. if you monthly traded sideways after falli
good luck in washington. cheryl: all right, markets now obviously watching these markets they are down 166 on washington's fiscal cliff stalemate but charles payne, that is not charles payne. charles payne is going to be here. he says don't panic. dennis: a lot of worries today. a white christmas not making it easy for millions of travelers as airport delays pile up. we are live at chicago's o'hare. so glad i am not traveling this christmas. cheryl: as we do every day this time we look at the...
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Dec 19, 2012
12/12
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tomorrow will ross why he is worried about these talks in washington. and creative ways to hike taxes but no clear ways to cut spending. cut him out. resolution melissa: i'm melissa francis and here's what's "money" tonight. instagram outrage. the popular photo sharing site says they're going to sell your pictures without paying you or even telling you. use, are already jumping ship. we'll tell you how this affects you and your money. >>> plus will this be the first republican controlled house ever to raise taxes? business mogul steve forbes willoin me in a fox business exclusive to break it all down. >>> the dire warning for you and all of your savings today. hackers are planning to clean out your bank account. the former deputy director of the national security agency is here with all the details so yo can hang on your sh. even whethey say it's not, it is always about money. melissa: all right. first let's take a look at the day's market headlines. other day of gins on wa street. stocks soared for the second day in a row. the dow closed up 115 points
tomorrow will ross why he is worried about these talks in washington. and creative ways to hike taxes but no clear ways to cut spending. cut him out. resolution melissa: i'm melissa francis and here's what's "money" tonight. instagram outrage. the popular photo sharing site says they're going to sell your pictures without paying you or even telling you. use, are already jumping ship. we'll tell you how this affects you and your money. >>> plus will this be the first...
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Dec 18, 2012
12/12
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black comedy from washington. melissa: what did you think of what you saw today? >> what you see is the speaker is trying to surrender and white house won't accept it. they keep raising the ante a year and a half ago. summer of 2011, debt ceiling crisis. boehner made a huge offer his caucus would have rejected it and had a hard fight and white house slapped him away. melissa: a lot of people are saying speaker boehner is negotiating but who he really speaking for? he may not have enough support to drive home whatever deal he is making. we could see that with this plan b out there. does he have support of his own party in the house to raise taxes? >> i think he talked to house leaders after the election, said, hey, look what the results were. even if he feels part of the caucus, democrats if they go along with this will supply votes to win. as you see the white house still wants more and more and more and they're not giving him a fig leaf to go back to his caucus in reforming of entitlements and things like that. melissa: yeah. you definitely get a sense all they'r
black comedy from washington. melissa: what did you think of what you saw today? >> what you see is the speaker is trying to surrender and white house won't accept it. they keep raising the ante a year and a half ago. summer of 2011, debt ceiling crisis. boehner made a huge offer his caucus would have rejected it and had a hard fight and white house slapped him away. melissa: a lot of people are saying speaker boehner is negotiating but who he really speaking for? he may not have enough...
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Sep 23, 2012
09/12
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. >> i think the saudi royal family probably has box seats to all the washington redskins games this year at this point in time. look, i'm a cynic, i believe bernanke 50-some odd days before the election printing money to get the markets higher, i think something's giving here. i've never seen the saudi want oil prices lower and all of a sudden, produce more to get it lower-- >> and a couple of weeks ago, mitt romney was talking about making us energy independent completely in eight or ten years and i'm hearing that, well, maybe we don't want that guy in. >> first of all, the saudis, often do pump more oil to lower prices they want to keep it as a stable price that's not going to bring on worldwide recession, that's happened. >> neil: you see nothing sinister? >> i see nothing sinister. but may i add, governor romney saying we're going to be energy sufficient, independent in ten years, boy have i heard that before and smooth line. >> i don't buy the bernanke conspiracy theory. but this isn't a conspiracy theory that saudis would like obama to stay in office. >> so would ben bernanke.
. >> i think the saudi royal family probably has box seats to all the washington redskins games this year at this point in time. look, i'm a cynic, i believe bernanke 50-some odd days before the election printing money to get the markets higher, i think something's giving here. i've never seen the saudi want oil prices lower and all of a sudden, produce more to get it lower-- >> and a couple of weeks ago, mitt romney was talking about making us energy independent completely in eight...
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Dec 24, 2012
12/12
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due in large part to the uncertainty in washington. talks are on hold. no real progress in the negotiations. we will be checking in with peter barnes. investors have chosen to remain on the sidelines. first, to the markets. taking a look at where we stand. it is a holiday shortened session. trading and at 1:00 p.m. volume is like. the dow is up 44 points. the russell 2000 down four tenths of a percent. not a lot of movement. twenty-four of the 30 dow components are in the red. tech stocks, though, are the biggest drag. hewlett-packard is the worst performer on the down right now. microsoft is also, well, soft. similar story for research in motion. rim plunged 23% on concerns of its services and business. we approach the tail end of the holiday shopping season. home depot, by the way, solidly in the grain. one of the best performers on the dow this year. walmart just barely on the upside. costco slightly down. that gets you up to speed on the market and some of the stocks making moves. let's get right to the floor show. let's begin with ben willis. here w
due in large part to the uncertainty in washington. talks are on hold. no real progress in the negotiations. we will be checking in with peter barnes. investors have chosen to remain on the sidelines. first, to the markets. taking a look at where we stand. it is a holiday shortened session. trading and at 1:00 p.m. volume is like. the dow is up 44 points. the russell 2000 down four tenths of a percent. not a lot of movement. twenty-four of the 30 dow components are in the red. tech stocks,...
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Dec 28, 2012
12/12
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it is not honest budgeting in washington. these are ideas that have come about basically as democrats and republican haves to throw the spending together at the end of every year. adam: we have about a minute before the president will start speaking the spending cuts that are on the table, there are a lot of people say that is enough to put the economy into recession. is that going to keep the democrats from possibly approving this deal? >> depends on the spending cuts. right now you're talking about $94 billion in what is known as the sequester. that is just for next year alone. automatic spending cuts to have to defense, half into other domestic discretionary spending. that combined with the tax increases yes, the con aggressional budget office says yes enough to put us into recession. adam: very quickly, what do you expect to hear from the president? is there anything he says that will especially get your attention? i know that you will be paying attention but will that perk your ears up? >> any type of optimism he expects
it is not honest budgeting in washington. these are ideas that have come about basically as democrats and republican haves to throw the spending together at the end of every year. adam: we have about a minute before the president will start speaking the spending cuts that are on the table, there are a lot of people say that is enough to put the economy into recession. is that going to keep the democrats from possibly approving this deal? >> depends on the spending cuts. right now you're...
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Nov 11, 2012
11/12
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washington post election, i don't thk that either party has a real mandate per se overall you would think the overall mandate would be to save this country. neil, you've been on top of this. i have a feeling we' go into that january 1st with no deal and maybe the markets crashing, maybe people in the street before they cobble together something akin to kicking it down the road again. they gave themselves a ticking time bomb and now they look like inspector clouseau trying to take it apart. >> neil: ben stein? >> other than raising taxes, it doesn't terrify me to see the taxes going up on the screen, what terrifies me cutting defense. i'd much rather see the taxes go up than cutting defense. and president obama gave a speech, my way or the highway. >> he said exactly the opposite, i mean,, i'm listening to the two of you, i've never been more hopeful about this problem getting resolved. john boehner made conciliatory comments last week and the president made conciliatory-- >> i think ben was saying on the tax issues raising on the rich, debate how much he's going to raise that. he said he
washington post election, i don't thk that either party has a real mandate per se overall you would think the overall mandate would be to save this country. neil, you've been on top of this. i have a feeling we' go into that january 1st with no deal and maybe the markets crashing, maybe people in the street before they cobble together something akin to kicking it down the road again. they gave themselves a ticking time bomb and now they look like inspector clouseau trying to take it apart....
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one month until you decide who gets to live in the house, and washington is getting his fiscal house in order. i'm charles payne in for neil cavuto and the fiscal hill that we're over. and the co-chairman alan simpson about before the first presidential debate. >> one of the arguments is, no matter who is elected, they, the table this for six months, whether it's to reelect president obama or newly elected president romney, deal with it in the winter in a substantive way, going so far as to reform the tax code, everything you want. do you think that's what's going to happen? >> i think that could happen, regardless who is president because the markets are going to begin to rattle their chains, it will be like a dungeon, say, look. >> why haven't they rattled? >> they're waiting for this to pass. >> anything could happen. >> they look at america as some the stupidest people on earth if they're going to let go over the cliff when you have a mindless sequester of 600 billion on defense, 600 billion with an ax, they're going to say you're dysfunctional and we want more money for our mone
one month until you decide who gets to live in the house, and washington is getting his fiscal house in order. i'm charles payne in for neil cavuto and the fiscal hill that we're over. and the co-chairman alan simpson about before the first presidential debate. >> one of the arguments is, no matter who is elected, they, the table this for six months, whether it's to reelect president obama or newly elected president romney, deal with it in the winter in a substantive way, going so far as...
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Dec 26, 2012
12/12
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the conversation we're having in washington is so disingenuous. talking about 100 trillion in unfunded liabilities and we're arguing 800 billion in tax increases on 2% of the population we're still not asking tough questions of the middle last. i don't think it matters whether president's plan or republicans plan i don't think it is imagine. adam: i'm shocked you would imply anybody in washington would ever be disingenuous. lindsey and james, thank you very much. we'll talk about the fiscal cliff ad knaus see yum. that's what we do when you're talking about the economy. appreciate you both being here. it is the fiscal cliff gridlock which is helping to suck the holiday cheer out of many shoppers. a new report says u.s. holiday sales climbed just .7 of a percent over last year. that is their slowest rate of growth since 2008 when the recession was in full force but are people just temporarily stuffing their money in the mattress due to the fiscal cliff? or is this the start of a long-term spending halt by consumers? joining us to discuss all of thi
the conversation we're having in washington is so disingenuous. talking about 100 trillion in unfunded liabilities and we're arguing 800 billion in tax increases on 2% of the population we're still not asking tough questions of the middle last. i don't think it matters whether president's plan or republicans plan i don't think it is imagine. adam: i'm shocked you would imply anybody in washington would ever be disingenuous. lindsey and james, thank you very much. we'll talk about the fiscal...
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Aug 25, 2012
08/12
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many in washington are saying yes, it is. is it time to invest? we will cover your assets next gerri: a verdict has been reached in the patent infringement case involving apple and samsung. we are being told that the verdict will be read soon. with more of this breaking news we go to adam shapiro in the newsroom. what you have? >> the latest is that the judges in the courtroom and said she is going to read refusal of the verdict for it at this point, the u.s. district judge in the northern district of california is aware of the verdict. but she is reviewing the verdict form at this point. just a quick background. unrelated case. you had the international trade commission ruling in apple's favor in a different, separate, unrelated issue. but it involves patents with motorola and they ruled in apple's favor. now we come to this case, which everyone is watching, because billions of dollars are at stake. this is apple versus samsung and samsung versus apple. both accusing each other of infringement. the judge has the verdict and is looking at the form
many in washington are saying yes, it is. is it time to invest? we will cover your assets next gerri: a verdict has been reached in the patent infringement case involving apple and samsung. we are being told that the verdict will be read soon. with more of this breaking news we go to adam shapiro in the newsroom. what you have? >> the latest is that the judges in the courtroom and said she is going to read refusal of the verdict for it at this point, the u.s. district judge in the...
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Aug 25, 2012
08/12
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many in washington are saying yes, it is. is it time to invest? we will cover your assets next if you have copd like i do, you know how hard it can be to breathe and what that feels like. copd iludes chronic bronchitis and emphysema. spiva helps corol my copd symptoms by keeping my airways open a full 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. and it's steroid-free spiriva does not replace fast-acting inhalers for sudden symptoms. tell yr doctor if you have kidy problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you ta, even eye drops. stop taking spiriva and seek immediate medical help if yr breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain, or problems passing ure. other side effects include dry mouth and constipation. nothing can reverse copd. spiriva helps me breathe better. does breathing with copd weigh you down? ask your doctor if spiriva can hel
many in washington are saying yes, it is. is it time to invest? we will cover your assets next if you have copd like i do, you know how hard it can be to breathe and what that feels like. copd iludes chronic bronchitis and emphysema. spiva helps corol my copd symptoms by keeping my airways open a full 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. and it's steroid-free spiriva does not replace fast-acting inhalers for...
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Oct 28, 2012
10/12
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adam, a lesson for washington or too early it tell? >> well, it's a rough comparison to compare two profit ming companies with government, but the fact is-- >>. >> neil: take it as a given that's what i do and play along, go ahead. >> and i will, neil. (laughter) >> especially in the case of microsoft, it's really admirable that this company that has been lose for about ten years now keeps coming back and trying again. not jt trying again, but trying with a new fresh approach doing a tablet computer. i don't know if they're going to succeed. it looks snazzy and they're puttg money behind it and trying to have new, fresh ideas and yes, i think our government, both of our parties could learn from na example. >> and finally come around to our way of thinking here. but, ben stein, do you think that technology, let's say, a bunch of people going to a best buy and more inclined to buy products like this, is there a spillover affect in i think it's generally limit today that sphere and doesn't mean people buy more sweaters or-- >> i think it'
adam, a lesson for washington or too early it tell? >> well, it's a rough comparison to compare two profit ming companies with government, but the fact is-- >>. >> neil: take it as a given that's what i do and play along, go ahead. >> and i will, neil. (laughter) >> especially in the case of microsoft, it's really admirable that this company that has been lose for about ten years now keeps coming back and trying again. not jt trying again, but trying with a new...
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so, the majority of their money is going to washington. and they can continue to demonize the energy companies and ben stein is right. the reason we have an abundant amount of oil in the company right now. the expiration of the oil companies that had to fight over the regulations that president obama has put into place while's been in office and if there's any sense of the failed energy policy in this country right now, it's the fact that we've been over $90 a barrel for the past several months and oil prices are not going down any time soon. >> adam, why is it that the president talks about steve jobs and a few perhaps after talking about jobs being shipped overseas and apple makes a lot of stuff overseas, who are we to talk about hipocracy, i'm just saying, why are oil companies singled out as monsters and not the more convenient friends of the party? >> well, i can't explain to you why. oh, i can. i mean, people don't like the oil companies because they're dirty, because they gush profits and so on. and-- >> and apple-- >> and mexico an
so, the majority of their money is going to washington. and they can continue to demonize the energy companies and ben stein is right. the reason we have an abundant amount of oil in the company right now. the expiration of the oil companies that had to fight over the regulations that president obama has put into place while's been in office and if there's any sense of the failed energy policy in this country right now, it's the fact that we've been over $90 a barrel for the past several months...
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Aug 30, 2012
08/12
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. >> you have been in public service about in washington. we'll wait to see how the election unfolds wait to see if you get back? professor john taylor of stanford university. thanks for joining us on fox business. adam, back to you. adam: appreciate it. you're keeping eye on mr. taylor, that broke the news that he would maybe replace ben bernanke. maybe in follow-up discussion whether you can get out of him whether he intends to become the chairman. >> i will work on it. adam: peter barnes live from jackson hole. he will have the latest on ben bernanke. we have latest on something that hits all of us. gas prices. they shot up 2%. in the wake of hurricane isaac. that is jump of 3.1% in two weeks. patrick dehaan, senior petroleum analyst for gasbuddy.com. thanks for joining me. the hurricane is gone. is that the only reason prices shot up or is there something else going on in the world? >> there is certainly something else going on in the world and really it's going on in the great lakes. you know, looking at prices you would have expected t
. >> you have been in public service about in washington. we'll wait to see how the election unfolds wait to see if you get back? professor john taylor of stanford university. thanks for joining us on fox business. adam, back to you. adam: appreciate it. you're keeping eye on mr. taylor, that broke the news that he would maybe replace ben bernanke. maybe in follow-up discussion whether you can get out of him whether he intends to become the chairman. >> i will work on it. adam:...
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the former fdic chair joins us with a radical plan that could shake up washington. >> plus, investors dumping stocks over uncertainty regarding the tax treatment of dividends. the one high yielding sector that pays out now no matter what happens. first, what drove the markets today, today's data download. stocks squeezed out a few gains after struggling to find direction all day long. this following the worst two-day performance so far this year. all three major indexes ending down, more than 2% for the nasdaq posting the 5th consecutive weekly loss. that is, by the way, folks, the longest losing streak in a year and a half. all ten s&p sectors lower. utilities down 4%. gold, though, gold ended up, more than 3%. concern over the fiscal cliff and europe's economy, yes, that's still a problem, boosted the precious metal. gold ended the week at 1730 an ounce, a tight close in more than three weeks. the preliminary readings showing consumer confidence rose to the highest level in more than five years in november, the consumer sentiment number from the university of michigan climbing from
the former fdic chair joins us with a radical plan that could shake up washington. >> plus, investors dumping stocks over uncertainty regarding the tax treatment of dividends. the one high yielding sector that pays out now no matter what happens. first, what drove the markets today, today's data download. stocks squeezed out a few gains after struggling to find direction all day long. this following the worst two-day performance so far this year. all three major indexes ending down, more...
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Oct 27, 2012
10/12
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governmen and washington, d.c. continues to fumble around and makes this is serious economic threat as we go into the so-called fiscal cliff and scares people to death, that will be a wet blanket on what's going on, not just with technology, but in general so there's huge risks out there, il. on the other hand, the technology's very exciting. neil: i looked at all the premier technology names of the day, microsoft, apple, and dell, and big premier names started in absolutely awful economic environments. i mean, microsoft in the mid-70s, and same is said of dell, of ple, and yet they grew and thrived to be the giants they are of varying degrees today. >> yep. neil: what do you think is going on under the surface that guys like me in the media miss that as we are pooing the general economy and technology, what are we missing? >> well, you know, my many decades of working with proctor and gamble prior to microsoft give me a clear answer to what you put on the table, namely, if you put a product in front of someone tha
governmen and washington, d.c. continues to fumble around and makes this is serious economic threat as we go into the so-called fiscal cliff and scares people to death, that will be a wet blanket on what's going on, not just with technology, but in general so there's huge risks out there, il. on the other hand, the technology's very exciting. neil: i looked at all the premier technology names of the day, microsoft, apple, and dell, and big premier names started in absolutely awful economic...
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Sep 16, 2012
09/12
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the freshmen, i blame the leadership, it comes from the top down and neil, there's no grape fruits in washington d.c. i go back to one simple number. in '08, 2.8 trillion federal spending, 3.7 trillion next year, the baseline budgeting where it always goes up and continues. remember, paul ryan is no freshman and he came out with a budget plan with would lower the rate of spending, and guess what, they shut him down and shut him up. >> neil: and lower the rate of increase in spending. and by the way he voted for this sort of what do you call continuing resolution. >> just for six months, but what a photo op at that was, paul ryan showing up, and he's there voteening favor of it and the vote was 329-91, a pretty shocking-- >> you know what's interesting, charlie, a lot of republicans were doing it because they don't want to be seen responsible for a potential government shutdown and the bad press they were doing. and the moody's downgrade. they didn't want it-- >> is it worth it politically? that's the calculus here. a huge fight over 8 billion dollars. it's a lot of money, but it's probably like
the freshmen, i blame the leadership, it comes from the top down and neil, there's no grape fruits in washington d.c. i go back to one simple number. in '08, 2.8 trillion federal spending, 3.7 trillion next year, the baseline budgeting where it always goes up and continues. remember, paul ryan is no freshman and he came out with a budget plan with would lower the rate of spending, and guess what, they shut him down and shut him up. >> neil: and lower the rate of increase in spending. and...
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Sep 20, 2012
09/12
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, homeland security, food and drugs, national parks they have no incentive to say no when people in washington want to expand on the issues. more government means more dependency. our index shows more people are dependent on the government. that is bad for the nation's finances but just as bad for individuals because dependency erodes human dignity. david: david, the fact is when you focus all of that income collection, the income tax collection, on such a small percentage of the population, 10%, paying for 71%, you wonder whether income tax itself is just becoming a wealth tax? we tried wealth taxes before and they don't work. >> well we tried wealth taxes before and they're talking about wealth taxes again to increase the burden on, on the wealthy. david: david, my point is, it is already a wealth tax, when you have 10% of the population paying 71% of the income tax, it is a wealth tax. it is a tax specifically focused on the top 10%. >> and it is pure redistribution. that is what we have in this country, is redistribution from the top down to the bottom. the other points that were made are
, homeland security, food and drugs, national parks they have no incentive to say no when people in washington want to expand on the issues. more government means more dependency. our index shows more people are dependent on the government. that is bad for the nation's finances but just as bad for individuals because dependency erodes human dignity. david: david, the fact is when you focus all of that income collection, the income tax collection, on such a small percentage of the population,...
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Dec 28, 2012
12/12
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this is from the federal mediator in washington. "it has been agreed upon in principle of the parties." the parties have further agreed to negotiate all remaining issues. freezing every container at those ports. within those containers are electronics, auto parts, close, textiles, just about every consumer product you could think of. boston of northeast all the way down to the gulf of mexico and houston texans. billions and billions of dollars worth of goods. >> it is not just the local area. it is the entire region and the state and going nationally, as well. if we had gone over the fiscal cliff, the strike would also happened over the weekend and it would be a one, two economic punch. david: it took six months for the recovery after the last one. let's talk about hp. they are taking quite a bit of a hit in the market today. the pc and printer company has other headaches to deal with. giovanni josie has the stories. shibani: this is just a matter of time. the company revealing in a legal filing late yesterday that the department of
this is from the federal mediator in washington. "it has been agreed upon in principle of the parties." the parties have further agreed to negotiate all remaining issues. freezing every container at those ports. within those containers are electronics, auto parts, close, textiles, just about every consumer product you could think of. boston of northeast all the way down to the gulf of mexico and houston texans. billions and billions of dollars worth of goods. >> it is not just...
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Sep 12, 2012
09/12
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i'm here in washington, d.c. today because i think we can make the environment even better for small businesses and create new jobs if we just had a little tax certainty on the horizon. melissa: yes. melanie, do you agree with that? by the way, catherine, i love that point. you're right, in order to run a small business you have to have both courage and optimism. so you're right about that. melanie, what do you think? are small business owners getting more optimistic right now? >> well it is hard to say. as catherine said, we're here on capitol hill. we have 400 franchises out there. i have 12 of my own franchises talking to elected officials. sales are great and people are moving and things look optimistic there is uncertainty of the tax situation. most franchisees are s-corps or llcs and depending on the decisions made the sales are going to go right through the personal income statement. while it may make them look wealthy for small business owners that money is going right back into investment, paying off deb
i'm here in washington, d.c. today because i think we can make the environment even better for small businesses and create new jobs if we just had a little tax certainty on the horizon. melissa: yes. melanie, do you agree with that? by the way, catherine, i love that point. you're right, in order to run a small business you have to have both courage and optimism. so you're right about that. melanie, what do you think? are small business owners getting more optimistic right now? >> well it...
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Dec 26, 2012
12/12
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are upset at washington. don't trust them. david: good to see you. well, the numbers are in and you were not shopping as much as last year, apparently. holiday retail sales were basically unchanged from last year and sandy, of course, and the connecticut shooting got some blame, but what about no jobs and no money? coming up, the opening bell, futures are up. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ from td ameritrade. i played a round of golf.id in the last five hours? then i read a book while teaching myself how to play guitar; ran ten miles while knitting myself a sweater; jumped out of a plane. finally, i became a ping pong master while recording debut album. how you ask? with 5-hour energy. i get hours of energy now -- no crash later. wait to see the next fi
are upset at washington. don't trust them. david: good to see you. well, the numbers are in and you were not shopping as much as last year, apparently. holiday retail sales were basically unchanged from last year and sandy, of course, and the connecticut shooting got some blame, but what about no jobs and no money? coming up, the opening bell, futures are up. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ]...
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Oct 29, 2012
10/12
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new york city, the stock exchange, washington, philadelphia, boston, are all closed for several is days. you pretty much double that because of the lost commerce. so we start out in a hole of about 40 to $50 billion. the question is, how much do we get back from the rebuilding process? we're going to rebuild more than we lost. we always do that. a lot of this is prime property and could benefit from, you know, bigger buildings, better buildings and so forth. and some of the lost commerce, people that didn't go to brooks brothers today to buy a fall suit will go next week. so not all of it will be lost but there will be additional spending on construction and so forth. we have a lot of unemployment in that sector. melissa: yeah. -p>> so we won't be moving them out of doing something else but rather we'll be getting them back to work. so it is kind of a stimulus in a way. but in the end we'll do okay. melissa: i think it is even bigger stimulus than that. i got to tell you, i was out in new york all weekend, everybody place was jammed, shelves were empty. people were buying stuff they wou
new york city, the stock exchange, washington, philadelphia, boston, are all closed for several is days. you pretty much double that because of the lost commerce. so we start out in a hole of about 40 to $50 billion. the question is, how much do we get back from the rebuilding process? we're going to rebuild more than we lost. we always do that. a lot of this is prime property and could benefit from, you know, bigger buildings, better buildings and so forth. and some of the lost commerce,...
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Dec 27, 2012
12/12
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>> i don't think that this washington, anyone in washington is reckless enough for the country off the cliff. they recognize it's dangerous. stuart: i've got to read between the lines here. you're saying that there will be some kind of last minute stop-gap deal, yes? >> i certainly hope so. stuart: and what would be the form of that deal? what would be in it just a broad outline? go. >> well, we can't see taxes go up on anybody across the board and we have to see the tax rates extended for everyone and-- >> that's not going to happen. >> that's not going to happen so who is going to pay more in taxes? you say we're going to have a deal and so who pays more in taxes? >> well, you know, with the senate back today and the president back today, hopefully we'll see outlines and-- >> come on. >> i'm not sure what's going on. stuart: you think they're going to get a deal. i want you to tell me the outlines of that deal. not what you hope for, what do you think is it going to happen. >> i'm not sure where the president and senator ree reid e going to draw the line. where the president before w
>> i don't think that this washington, anyone in washington is reckless enough for the country off the cliff. they recognize it's dangerous. stuart: i've got to read between the lines here. you're saying that there will be some kind of last minute stop-gap deal, yes? >> i certainly hope so. stuart: and what would be the form of that deal? what would be in it just a broad outline? go. >> well, we can't see taxes go up on anybody across the board and we have to see the tax rates...
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Nov 21, 2012
11/12
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we will be right bac messa: lawmakers in washington hoping to avoid going over the fiscal cliff. each party is putting together a plan to submit to the president. are they making progress? let's ask texas republican congressman kevin dy, a member of the house ways and means committee. thank you for joining s. give us the truth. making any progress? >> at think we are. republicans understand the seriousns and urgency. to that end we have reached across the table to the outline a plan for increased revenue and stronger economy focusing on a much better and simpler tax code. what is missing in the equation, the balance is authentic spending cuts. waiting for the president to outline that times and spending cuts. sends a signal to the market and investors that america is serious about getting its financial house in order. melissa: let me decode a little bit. you talked about increasing revenue in the simplification of the tax code. that sounds like closing loopholes but not raising marginal rates which still feels li it is the hill the democrats are willing to die on. >> i think it w
we will be right bac messa: lawmakers in washington hoping to avoid going over the fiscal cliff. each party is putting together a plan to submit to the president. are they making progress? let's ask texas republican congressman kevin dy, a member of the house ways and means committee. thank you for joining s. give us the truth. making any progress? >> at think we are. republicans understand the seriousns and urgency. to that end we have reached across the table to the outline a plan for...
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Dec 23, 2012
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. >> i wasn't saying that washington should try to appease the markets. and the markets not worried like charlie said they would. >> neil: i don't care about your view. how about using santa, santa, santa, to sell your standing. well, i knew santa. santa was a friend of mine. that's not fair! (laughter) >> by the way, adam, you're wrong about that. we had a market on friday. >> neil: bottom line, guys, i'm offended by all of you. all right, when we come back, now you've got payoffs, if you don't show up, a new fee for missing your flight is going to make you cry. >> wa, wa, my sue me, i'm hungry and possibly teething. maybe i'm wet. who knows? atraction, he fired her because he felt she was attraction to his fidelity to his wife. >> neil: get ready for new fees to fly in the new year. from southwest airlines. you miss a flight and don't cancel your discount ticket, you're going to pay up. overweight bags get ready to lighten up your wallet more. if you're overweight get ready to be killed. just-- (laughter) southwest says it nds the money. what about lett
. >> i wasn't saying that washington should try to appease the markets. and the markets not worried like charlie said they would. >> neil: i don't care about your view. how about using santa, santa, santa, to sell your standing. well, i knew santa. santa was a friend of mine. that's not fair! (laughter) >> by the way, adam, you're wrong about that. we had a market on friday. >> neil: bottom line, guys, i'm offended by all of you. all right, when we come back, now you've...
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Nov 10, 2012
11/12
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. >> well, at some point, everyone says in washington that we need to do something about our deficit and here's a good place to start. if you need to actually ing in some revenue, the best place to do it is where it will do the least harm and that is on tax cuts for the wealthy. that is something that is really una sailable. if we were in conditions if we didn't have deficit issues, of course we wouldn't have needs to raise taxes on anyone. we have competing priorities and need to find a way to start paying for them. melissa: i think we don't have a revenue problem. we have a spending problem. we're like drunken sailors. we have a credit card and think we can run it up forever. we just can't. >> that also has consequence as everyone knows with the looming so-called fiscal cliff discussion, if you cut spending too much you drive the economy into an abyss. we would all like to say we simply cut spending and live within our means but it is not as simple as that. you can also cut spending too much so you actually hurt the economy that you're supposed to help. >> i agree with what you're
. >> well, at some point, everyone says in washington that we need to do something about our deficit and here's a good place to start. if you need to actually ing in some revenue, the best place to do it is where it will do the least harm and that is on tax cuts for the wealthy. that is something that is really una sailable. if we were in conditions if we didn't have deficit issues, of course we wouldn't have needs to raise taxes on anyone. we have competing priorities and need to find a...
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Dec 18, 2012
12/12
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washington even during that speed read is still trying to find some type of solution to avoid the potential tax hikes and spending cuts set to hit at the end of this year. so look, taxes are coming april 15th. how can you the taxpayer prepare for whatever type of decision comes out of the beltway? joining me now is john hewitt, yes, of course from the former jackson hewitt. he's chairman and ceo now of liberty tax, one of the largest tax preparation businesses. oh, boy, a lot of people want to hear from you because perhaps there's a low-grade panic going on in their hearts and minds right now,,thinking what should i be doing in advance to limit my tax bill that i might get? can you even know when we don't know the landscape? >> it's hard to tell. and it's the most confusing it's been in my 43 year career. there are certain things we can do and certain situations. you need to check with your tax advisor. we eastbound p help people -- we even help people that aren't our customers so you can call and give you advice for your particular situation. liz: let's break out the most common situations
washington even during that speed read is still trying to find some type of solution to avoid the potential tax hikes and spending cuts set to hit at the end of this year. so look, taxes are coming april 15th. how can you the taxpayer prepare for whatever type of decision comes out of the beltway? joining me now is john hewitt, yes, of course from the former jackson hewitt. he's chairman and ceo now of liberty tax, one of the largest tax preparation businesses. oh, boy, a lot of people want to...
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Dec 26, 2012
12/12
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washington preparing for another round of wheeling and dealing tomorrow. right now the dow was trying to find direction, down this .10 points. a downturn after being ordered to pay nearly $1.2 billion in damage in a patent infringement lawsuit. sued for infringing patents related to data storage technology. edmunds.com predicting new car sales will slow in the new year but still plenty of optimism in the auto industry. consumers will continue to benefit from new models, new technology potentially lower prices as automakers continue to fight for market share. we continue "countdown to the closing bell" with ashley webster. ashley: let's go to nicole petallides at the floor of the new york stock exchange. shares of rim, research in motion. rim it is for real. shares of research in motion. research in motion has been beaten down the past couple of sessions. concerns of a new structure put in effect, and what they were going to do is use a tear factor, those tiers, is unclears unclear how they were going to break down. it contributes to the research in motion
washington preparing for another round of wheeling and dealing tomorrow. right now the dow was trying to find direction, down this .10 points. a downturn after being ordered to pay nearly $1.2 billion in damage in a patent infringement lawsuit. sued for infringing patents related to data storage technology. edmunds.com predicting new car sales will slow in the new year but still plenty of optimism in the auto industry. consumers will continue to benefit from new models, new technology...
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people in washington to lobby us, they care about who is going to win the presidency just as much as anyone else. they are all huge supporters of that romney. they are not saying this because i want president obama to be reelected. everything they are hearing is the likelihood of an obama reelection is, you know, as far as a concern, it is almost a certainty. let's throw some caveats out there. all these wall street executives are in new york and california. in some ways, they are captives of the east coast, west coast and you have to say it, left leaning media. they really did not think romney made his case soon enough. the president looked very good. they are putting all that together. if the president is not reelected -- they have connections with david axelrod. he is the president's adviser. he is saying it is 100% fake den. that type of language, 100% getting baked in. that is what you are hearing. according to wall street, it is done. cheryl: we are looking at the polls here, charlie. you have obama up five points here, romney up five points here. it will be interesting to see.
people in washington to lobby us, they care about who is going to win the presidency just as much as anyone else. they are all huge supporters of that romney. they are not saying this because i want president obama to be reelected. everything they are hearing is the likelihood of an obama reelection is, you know, as far as a concern, it is almost a certainty. let's throw some caveats out there. all these wall street executives are in new york and california. in some ways, they are captives of...
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Dec 24, 2012
12/12
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but still concerns now from washington about washington, about the fiscal cliff, traders of course don't think anything is getting settled today. they are even talking about the fact that it might get pushed back to the middle of january or something. a lot of speculation and guessing going on, but in the meantime, a little bit of pullback here. let's take a look at facebook. facebook on the other hand a different story. getting a buy rating over at needham and companies, up 2 1/2%. the price target is $33, up from $25. getting close to the $38 ipo price. they obviously have high hopes for the mobile realm for facebook and that's why they raised their targets and has a buy rating. back to you. dagen: thank you, nicole. dennis: where are the shoppers? after a strong start, forecast called for robust holiday season. dagen: but shoppers are not living up to those expectations. adam shapiro is here to explain what the heck is going on. adam: where they go. dagen: it's empty. adam: you should be done with your shopping by now. the national retail federation has not changed their prediction, t
but still concerns now from washington about washington, about the fiscal cliff, traders of course don't think anything is getting settled today. they are even talking about the fact that it might get pushed back to the middle of january or something. a lot of speculation and guessing going on, but in the meantime, a little bit of pullback here. let's take a look at facebook. facebook on the other hand a different story. getting a buy rating over at needham and companies, up 2 1/2%. the price...
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Dec 15, 2012
12/12
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have a safe trip back to washington. >> thank you. adam: more than 180 of the nation's top economic mind are joining together for a common cause. they're warning congress that raising taxes on anyone, on anyone, as part of a fiscal cliff deal would have devastating consequences to the american economy. so will d.c. hear that message? joining me for more on this, the man behind the campaign the executive vice president of the national taxpayers union. and a economist with pioneer investment. sam, let's start with you. we keep hearing if you tax the wealthy it really doesn't have a negative impact because one, the wealthy take tir tax refund and save them. they don't spend them. is that not accurate? what is the negative implications of taxing the wealthy? >> i think anytime you take money away from anybody they are obviously going to have less money. the quesestion whether the wealthy spend their money or save it, i think that is a tougquestion to answer, because if you look at where people will be taxed, a lot of people will be spendi
have a safe trip back to washington. >> thank you. adam: more than 180 of the nation's top economic mind are joining together for a common cause. they're warning congress that raising taxes on anyone, on anyone, as part of a fiscal cliff deal would have devastating consequences to the american economy. so will d.c. hear that message? joining me for more on this, the man behind the campaign the executive vice president of the national taxpayers union. and a economist with pioneer...
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Nov 18, 2012
11/12
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i did hear something more worrying, deficits that keep getting worse and a washington that just doesn't work. i will give the president his due, he might have gotten a nod on going after the rich, but i do not think he got a pass on running rough shod over everybody else. to ben stein,harles payne, dagen mcdowell along with adam lashinsky and charlie gasperino. charles, what do you think. >> spending, spending, spending, for me it's like we'll cut to the chase, let's just take it all away and collapse this thing. it's nuts. it really is nuts. now what bothers me we keep talking about the rich and it's 250,000, it's not rich people, it's small businesses, it's already a disaster as it is, but to have the nerve to come out and say, hey, let's stimulate again and create a few temporary jobs and let's do deficit spending, it's working out. boggles the mind. >> ben stein, that struck me, i'm not surprised at the president and argue na people did other choices in the presidential election, with the president's vision and mitt romney's vision and part of that romney with the idea to leave the
i did hear something more worrying, deficits that keep getting worse and a washington that just doesn't work. i will give the president his due, he might have gotten a nod on going after the rich, but i do not think he got a pass on running rough shod over everybody else. to ben stein,harles payne, dagen mcdowell along with adam lashinsky and charlie gasperino. charles, what do you think. >> spending, spending, spending, for me it's like we'll cut to the chase, let's just take it all away...